steilmann group news and archive

Steilmann revenues increase 0.7 percent in H1

Steilmann SE Group said that its revenue increased 0.7 percent to 417 million euros (468.4 million dollars) in the first half to June 30, 2015. Retail segment revenues increased by 3 percent to 315.2 million euros (354 million dollars) and EBITDA increased by 31.7 percent. “Our new group structure is beginning to provide greater flexibility for...

Fashion

Steilmann Group To Cut Jobs

The Steilmann Group is to cut an additional 745 jobs in Germany, after cutting 600 jobs earlier this year. Some 484 jobs will be axed at its head office in Wattenscheid, while the closure of its Cottbus and Ochtrup sites will see a further 261 jobs losses.